 "<div>India and US are trying to resolve trade issues, says Scott Bessent amid tariff standoff</div>")
Bessent claimed that the US currently has the upper hand in trade negotiations, which have been paused after the 50 per cent tariffs kicked in. He expressed dissatisfaction over New Delhi continuing to purchase Russian oil
US Treasury Secretary Scott Bessent has said that India and the US will eventually come together and work to resolve the trade issue, adding that communication lines between the two countries remain open.
Speaking hours after President Donald Trump’s punitive tariffs came into effect in India on Wednesday, Bessent said, “I think at the end of the day, we will come together. Both sides have concerns on how this will play out and both sides are looking to resolve them. Communication channels are open.”
Bessent claimed that the US currently has the upper hand in trade negotiations, which have been paused after the 50 per cent tariffs kicked in. He expressed dissatisfaction over New Delhi continuing to purchase Russian oil.
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